Are Analysts Bullish ARC Group WorldWide Inc (NASDAQ:ARCW) After Last Week?

Out of 3 analysts covering ARC Group World Wide (NASDAQ:ARCW), 1 rate it “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. ARC Group World Wide was the topic in 5 analyst reports since September 17, 2015 according to StockzIntelligence Inc. Below is a list of ARC Group WorldWide Inc (NASDAQ:ARCW) latest ratings and price target changes.

11/02/2016 Broker: Imperial Capital Rating: In-Line Old Target: $5.00 New Target: $3.00 Maintain
06/11/2015 Broker: Brean Capital Rating: Buy Old Target: $9.00 New Target: $7.00 Target Down
24/09/2015 Broker: Imperial Capital Old Rating: Outperform New Rating: In-Line Old Target: $9 New Target: $5 Downgrade
17/09/2015 Broker: Brean Capital Rating: Buy Old Target: $12.00 New Target: $9.00 Target Down
17/09/2015 Broker: Canaccord Genuity Rating: Buy Old Target: $8.00 New Target: $6.00 Target Down

About 11,566 shares traded hands. ARC Group WorldWide Inc (NASDAQ:ARCW) has declined 25.29% since August 5, 2015 and is downtrending. It has underperformed by 20.04% the S&P500.

ARC Group Worldwide, Inc. is a manufacturing company. The company has a market cap of $46.25 million. The Firm operates through four divisions: Precision Components Group, 3DMT Group, Flanges and Fittings Group, and Wireless Group. It currently has negative earnings. The Precision Components Group companies provide fabricated metal components using processes consisting of metal injection molding, precision metal stamping and hermetic sealing.

The institutional sentiment increased to 0.87 in Q3 2015. Its up 0.14, from 0.73 in 2015Q2. The ratio is positive, as 13 funds sold all ARC Group WorldWide Inc shares owned while 2 reduced positions. 7 funds bought stakes while 6 increased positions. They now own 6.34 million shares or 147.17% more from 2.56 million shares in 2015Q2.

Keane Capital Management Inc holds 0.14% of its portfolio in ARC Group WorldWide Inc for 58,907 shares. Perritt Capital Management Inc owns 100,000 shares or 0.04% of their US portfolio. Moreover, Vanguard Group Inc has 0.01% invested in the company for 4.77 million shares. The Ontario - Canada-based Bank Of Montreal Can has invested 0% in the stock. Blackrock Fund Advisors, a California-based fund reported 17,684 shares.

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